We’re glad to announce that non-custodial peer-to-peer trading is coming to Litecoin next week.
On June 15, Litecoin will be trading on the most popular non-custodial P2P marketplace.
To celebrate the launch, we’re cutting our trading fee to 0% for the first three days. Until June 18, buying and selling LTC on LocalCryptos is free!
Also, we are opening up the marketplace today to enable users to post ads ahead of the launch.
To prepare for free trading on Monday, you can post an ad to buy or sell LTC to the marketplace now. On June 15 at midnight UTC, the Litecoin market will go live.
How will non-custodial escrow work on Litecoin?
Because Bitcoin and Litecoin are so similar, we can port our non-custodial BTC escrow script to Litecoin without any major changes. LTC escrows on LocalCryptos will be on-chain P2SH transactions.
Your Litecoin wallet on LocalCryptos will be self-custodial and SegWit-enabled. Your keys—your coins.
What else is new on LocalCryptos?
Non-custodial P2P crypto is on fire this year. Last month alone, Bitcoin trading volume on LocalCryptos doubled.
With well over 100,000 users around the world, LocalCryptos has become the biggest non-custodial crypto marketplace. Our recent growth is being driven by Africa—a region we’re heavily focusing on.
In the last few months, we’ve been working hard to improve LocalCryptos to help on-board the world to crypto. You can read about the latest 15 features we shipped in our previous blog post.